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Lucid Layoffs: EV Maker Trims 18% Of US Workforce; COO Marc Winterhoff Departs

In an effort to increase profitability in the face of intensifying competition, EV manufacturer Lucid Group said on Monday that it will lay off roughly 18% of its US personnel and that COO Marc Winterhoff has departed the firm. This was the company's second significant managerial move in recent months. The company's shares were down almost 4%, as reported by Reuters . The layoffs reflected the growing pressure on EV manufacturers like Lucid to control expenses as buyers move towards more affordable models and as profitability is impacted by growing competition from both established automakers and recent arrivals. ALSO READ | India's Fragmented Water Governance Raises Fiscal Risks, Warns Moody's The company, which employed over 9,000 people worldwide as of Dec. 31, 2025, stated that hourly factory workers, contractors, and full-time staff will all be impacted by the reduction. Additionally, it eliminated the second shift at its main EV production plant, the AMP-1...
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FIFA WC Live: Iran Face Belgium Amid 'Mistreatment' Allegations From Manager

Belgium vs Iran LIVE Updates, FIFA World Cup 2026 : Belgium and Iran square off in a must-win clash at the Los Angeles Stadium, knowing victory is vital to keeping their FIFA World Cup 2026 knockout dreams alive. While Belgium were held to a frustrating 1-1 draw by Egypt in their Group G opener, Iran showed immense grit to rescue a point against New Zealand after trailing twice. This marks only the second senior men's international meeting between the two nations, following Belgium's narrow 1-0 group-stage victory at the 2022 World Cup in Qatar. ( MATCH CENTRE LIVE ) Belgium vs Iran LIVE Score, FIFA World Cup 2026 LIVE Updates | BEL vs IRN LIVE, straight from Los Angeles Stadium: from NDTV News- Special https://ift.tt/s80BRcS via IFTTT

Mumbai To Finally Get Proper Monsoon Rains From June 22? Check IMD Forecast

After days of hot and humid weather, Mumbai is likely to see a significant change in conditions from Monday (June 22) onwards, with rainfall activity expected to increase across the city. According to the India Meteorological Department (IMD), Mumbai is expected to experience hot and humid conditions along with the possibility of light rain or thundershowers till June 20. However, weather conditions are forecast to become more active from June 21, with light to moderate rainfall and thunderstorms likely in several areas. The IMD has issued a yellow alert for Mumbai, warning of thunderstorms accompanied by lightning, light to moderate rainfall and gusty winds reaching speeds of 30-40 kmph at isolated places on June 22 and June 23. Mumbai and Konkan region are likely to witness a noticeable shift in weather patterns over the next 48 hours. Increased moisture inflow is expected to strengthen rain activity from Sunday night, leading to more widespread showers across the region. ...

Lionel Messi Faces Massive Off-Field Challenge, Family Shuts Down Rumours

Lionel Messi's father, Jorge Messi, is currently going through a health-related situation and is under medical supervision, recovering and progressing well, informed the football icon's family on Thursday. During his side's FIFA World Cup campaign opener for defending Argentina against Algeria on Wednesday, Messi was seen in tears after scoring, which he later said was because of "something unrelated to the game". "It was something totally unrelated to sport. I had some difficult, complicated days. I am grateful to the whole delegation, to all my teammates, because they were always by my side, as always, giving me a lot of strength," Messi said after the game. Messi's family has clarified that Messi's father is not in good health, but is "recovering and progressing well" under medical supervision. A statement from the family, according to 433, read, "The Messi family informs that Jorge Messi is currently going through a health-re...

'We Were Told Not To Take Sunny-Dimple's Pics Together,' Reveals Paparazzo

Veteran paparazzo Ramakant Munde shared inside details of how photographers accessed celebrities before paparazzi culture and social media began. Recalling an unwritten rule from that era, Munde said they were told not to photograph Dimple Kapadia and Sunny Deol together. Dimple Kapadia and Sunny Deol were rumoured to be in a relationship, though they never acknowledged it publicly. "Sometimes they would be together on a film set, at an event, or during a function. But they didn't like getting photographed together. Everyone in the media knew this," Ramakant Munde told Hindi Rush. Munde recalled that instructions would come whenever the two were present at the same location. "There was a message among photographers that if they were together, we shouldn't take pictures. Usually someone from their team would come and tell us, or there would be a signal indicating that photographs were not wanted," he said. In an era before omnipresent paparazzi and ...

Defence Stocks Rally In Trade As India's Defence Production Touches All-Time High

Defence stocks rallied sharply on June 17, with broad-based gains across the sector as India's defence production reached an all-time high of Rs 1.78 lakh crore in the Financial Year (FY) 2025-26, marking a significant milestone in the country's push towards self-reliance in defence manufacturing. Paras Defence emerged as the top gainer, surging 12.89%, followed by Astra Microwave Products, which advanced 7.72%, and MTAR Technologies, up 6.99%. Data Patterns gained 4.81%, while Bharat Dynamics rose 4.39%. Among the public sector defence names, Garden Reach Shipbuilders climbed 3.67%, Hindustan Aeronautics Ltd. (HAL) added 3.51%, and Cochin Shipyard gained 3.39%. Mazagon Dock Shipbuilders rose 2.43%, while Mishra Dhatu Nigam and DCX Systems advanced 2.14% and 1.84%, respectively. Bharat Electronics Ltd. (BEL) gained 1.58%, and IdeaForge Technology rose 1.29%. Bharat Forge was the laggard within the pack, up 0.46%. The record output represents a 15.6% increase compared ...

Peddi Box Office Day 13: Film Holds Steady Despite Screen Reduction

Ram Charan's Peddi continues to enjoy a strong run at the box office, maintaining its momentum well into the second week despite a reduction in screens. The film's total India net collection has now reached Rs 221.24 crore, while its India gross stands at Rs 262.30 crore, according to Sacnilk live estimates. Language-Wise Performance As of Day 13, Peddi is running across 1,866 shows nationwide. The Hindi version has collected Rs 0.21 crore from 768 shows, recording 14% occupancy. The Telugu version continues to drive the film's business, contributing Rs 0.93 crore net from 1,098 shows while registering 22% occupancy. Occupancy Trends The film recorded an overall occupancy of around 18.7% on Day 13 based on morning shows. The Telugu version reported 15.69% occupancy in morning shows. Among major centres, Warangal and Chennai led the occupancy chart with 38%, followed by Visakhapatnam at 30%. Guntur recorded 23% occupancy, while Hyderabad stood at 16%. Nizamaba...